Strategic Management: Corporate strategy - Essay Example

Only on StudentShare

Extract of sample
Strategic Management: Corporate strategy

Examining the actions further at the business level of corporate strategy, every organization has to manage its strategies in three main areas: the organization's internal resources, the external environment within which the organization operates, and the organization's ability to add value to what it does." (p. 7)
"Strategies can be made for different groups of people and/or activities within an organization. The lowest level of aggregation is one person or task, while the highest level of aggregation encompasses all people and/or activities within an organization. The most common distinction between levels of aggregation made in the strategic management literature is between the functional, business and corporate levels. Strategy issues at the functional level refer to questions regarding specific functional aspects of a company (operations strategy, marketing strategy, financial strategy, etc.). Strategy at the business level requires the integration of functional level strategies for a distinct set of products and/or services intended for a specific group of customers. Often companies only operate in one such business, so that this is the highest level of aggregation within the firm. However, there are also many companies that are in two or more businesses. ...Show more


At the business level, corporate strategy is concerned with competing for customers, generating value from the resources and the underlying principle of the sustainable competitive advantages of those resources over rival companies. The strategy of the firm is the match between its internal capabilities and its external relationships…
Author : eleanore44
Strategic Management: Corporate strategy essay example
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"Strategic Management: Corporate strategy"
with a personal 20% discount.
Grab the best paper

Related Essays

Operation management and corporate strategy
21 Conclusion 22 References 23 Part A (Operations) Introduction In this section, the proponent tries to discuss the outputs of the key operational transformation within Marriott International Incorporated, its five performance objectives applied, and the impact of four Vs in the design of operational processes in the said business.
13 pages (3250 words) Essay
Strategic Management: Strategy Implementation
Analysis of Toyota’s recent ventures and products along with cost and quality management techniques reveals that Toyota has been going through an internal debacle between family-based executives and non-family managers and board members (Shirouzu, 2010).
4 pages (1000 words) Essay
Strategic Management: Strategy Implementation
The TRADOC strategy can change a business organization; making it an optimized establishment that supplies anticipative, effectual and adaptable support to clients. This strategy also allows companies to be able to transition to the future by being able to fulfill the future objectives of the company in all potential operational environments.
4 pages (1000 words) Essay
Strategic Management Corporate Strategy
The strategic management process needs to go through the following five steps to ensure that the strategy is successful and is implemented in order, such as Strategy Analysis, Strategy Choice, Action Plans and Functional Tactics, Strategy Integration and Control and continuous improvement, that is an essential component.
7 pages (1750 words) Essay
Corporate Information Strategy and Management
Some companies that have integrated their strategy with information technology have achieved their objectives at their desired level whereas some have failed in their attempt to do so. This research aims to provide the impact of IT integrated corporate strategy in the business organizations and to assess its role during the difficult times recession.
9 pages (2250 words) Essay
Strategy and Strategic management Research
More than 50% of construction workers are self-employed (Chilesh and Watson, 2000, p.1).2 Strategy in the built environment was brought to the fore in the 1990s by two reports. Sir Latham's Constructing the Team (1994)3 reviewed in detail the organisational, procurement and contractual arrangements making a number of recommendations for progression.
10 pages (2500 words) Essay
Strategic management leadership strategy
Therefore developing a flexible, organic organization where employees are empowered and professional includes examining what kinds of leadership and management strategies will develop changes and set innovative goals with reachable and rewarding challenges implemented by the vision of change.
12 pages (3000 words) Essay
Strategy and the Strategic Management
Competitive advantage can be measured using accounting and economic performance measures. The first compares accounting ratios with established industry standards while the second compares the level of profits with the cost of capital to show if the business is a good investment.
4 pages (1000 words) Essay
Strategy and strategic management
Strategic management is a process whereby managers decide on the mission, vision and objectives which they would like to be achieved after a specified time limit. They develop policies and plans to be followed by employees so as to achieve the
11 pages (2750 words) Essay
Operation management and corporate strategy
This company is undeniably has undergone operations strategies over time to ensure that strategic decisions and actions will result to operation’s main role, objectives, and activities (Slack et al,
13 pages (3250 words) Essay
Get a custom paper written
by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email